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  2. Social Security Wage Base - Wikipedia

    en.wikipedia.org/wiki/Social_Security_Wage_Base

    It is also the maximum amount of covered wages that are taken into account when average earnings are calculated in order to determine a worker's Social Security benefit. In 2020, the Social Security Wage Base was $137,700 and in 2021 was $142,800; the Social Security tax rate was 6.20% paid by the employee and 6.20% paid by the employer. [1][2 ...

  3. Payroll tax - Wikipedia

    en.wikipedia.org/wiki/Payroll_tax

    Taxation. Payroll taxes are taxes imposed on employers or employees, and are usually calculated as a percentage of the salaries that employers pay their employees. [1] By law, some payroll taxes are the responsibility of the employee and others fall on the employer, but almost all economists agree that the true economic incidence of a payroll ...

  4. State income tax - Wikipedia

    en.wikipedia.org/wiki/State_income_tax

    A "mirror" tax is a tax in a U.S. dependency in which the dependency adopts wholesale the U.S. federal income tax code, revising it by substituting the dependency's name for "United States" everywhere, and vice versa. The effect is that residents pay the equivalent of the federal income tax to the dependency, rather than to the U.S. government.

  5. Where's my paycheck? How pay periods break down by industry - AOL

    www.aol.com/wheres-paycheck-pay-periods-break...

    That said, it's one way employers seek to attract workers in light of inflation and the Great Resignation of 2021, where resignation rates in the country reached levels unprecedented since 1970.

  6. What does the payroll tax deferral mean for your paycheck?

    www.aol.com/article/finance/2020/09/11/what-does...

    The deferral, which went into effect Sept. 1, means that people making less than $104,000 a year will see a short-term increase in their net pay.

  7. Paycheck 101: How To Read a Pay Stub - AOL

    www.aol.com/paycheck-101-read-pay-stub-001156034...

    YTD Net Pay: Amount of total net pay earnings from the first of the calendar year up to and including the pay stub’s pay period Check Number: The check number for the specific payment Gross Pay ...

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